Netflix Will Be Fine This Year But Future Will Be Tough, Tru Optik CEO Says

Netflix Will Be Fine This Year But Future Will Be Tough, Tru Optik CEO Says

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Netflix's current market position, highlighting its challenges due to increased competition from companies like Disney and Apple. It examines Netflix's reliance on original content and its first mover advantage, while noting the shift in market dynamics with more connected TV homes. The discussion suggests that Netflix should consider acquiring existing content providers and explore ad-supported streaming models. The focus also shifts to international markets, where Netflix may still have a competitive edge.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges Netflix faces according to the discussion?

Increasing competition from other content providers

Lack of original content

Decline in subscriber base

High production costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advantage has Netflix historically benefited from?

First mover advantage

Exclusive partnerships with cable providers

Government subsidies

Low subscription fees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is suggested for Netflix to strengthen its content library?

Increase subscription fees

Partner with cable companies

Invest in more original content

Acquire an existing content provider

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new feature is suggested for Netflix to introduce in 2020?

Live sports streaming

Virtual reality content

Ad-supported tier

Interactive shows

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the international market important for Netflix's growth?

It offers higher subscription fees

It allows for more original content production

It has a larger audience than the domestic market

It has less competition from global companies